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Full-Floor Office Unit

2225 4th Avenue C200, Seattle, WA 98121

For Sale
Contact for pricing

Flexible second-floor workspace with private offices, collaborative areas, meeting rooms, and a private outdoor balcony.

Property Size5,576 SF
Price / SF$2.10
Days on Market68

Property Features for 2225 4th Avenue C200

General Information

Standard status Active
Size 5,576 SF
Total Parking Spaces 4

Site & Location

Neighborhood Belltown
Public Transit Yes

Additional Details

Floor 2

Building Details

Year Built 1978
Buildings 1
Listing Agency: Keller Williams Downtown Sea
Listed By: Nicholas T. Vilvandre · License WA #107068
Source: Robb4realestate
Added: Sep 4 Changed: Oct 26 Last Checked: Oct 7 at 3:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Downtown Sea

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Investment Insights

Based on property information with market context.

The second floor at Sunrise Tower provides 5,576 SF of office space arranged for a range of professional work settings. The layout includes private offices, open work areas, board and conference rooms, collaborative zones, and a private phone booth. A private outdoor balcony adds usable space for meetings, breaks, and team gatherings. Four parking spaces are available.

Positioned at 2225 4th Avenue in Seattle’s Belltown area, the property is along the 4th Avenue bike lanes and offers access to public transportation. Seattle Center, the Space Needle, Pike Place Market, restaurants, and shopping are also nearby. The full floor may be divided into two approximately equal suites for a qualified tenant with a long-term lease commitment.

Key Highlights

  • 5,576 SF full‑floor office on the second floor
  • Private offices, open work areas, boardroom, conference rooms, and collaborative areas
  • Private outdoor balcony for meetings, breaks, and team gatherings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$97,890
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,957,800 $2.0M
Cap Rate 7%
$1,398,429 $1.4M
Cap Rate 9%
$1,087,667 $1.1M
Market Conditions
NOI Build-Up for 5,576 SF
Gross rent
$169.3K $30.36/SF
− Vacancy
−$38.8K −$6.95/SF
EGI
$130.5K $23.41/SF
− OpEx
−$32.6K −$5.85/SF
NOI
$97.9K $17.56/SF
Area
Seattle, WA
Vacancy
22.90%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,957,800
Cap Rate 7%
$1,398,429
Cap Rate 9%
$1,087,667

Alternative Uses

Best Use
Office B
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,890 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,429 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Washington Legal Messengers Social Service Agency Abyssinia Market Grocery & Convenience Store Yuki's Diffusion Salons Hair Salon Sunrise Tower Social Service Agency Raeven Rae Hair Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Electrical Service Clothing & Fashion Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14,438
Businesses Nearby

Demographics for 98121, WA

21,411
Population
15,781
Households
1.4
Avg Household Size
35
Median Age
78%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
53,528
Density / Sq Mi
$148,974
Median Household Income
$118,893
Median Earnings
$2,329
Median Rent
$796,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office Units in Seattle, WA

$537 Jul
$403 Aug
$377 Sep
$366 Oct

Properties on Market for Office Units in Seattle

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Flexible second-floor workspace with private offices, collaborative areas, meeting rooms, and a private outdoor balcony.
Where is this office unit located?
The property is located at 2225 4th Avenue C200 Seattle, WA.
What are key features of this property?
This property features: 5,576 SF full‑floor office on the second floor; Private offices, open work areas, boardroom, conference rooms, and collaborative areas; Private outdoor balcony for meetings, breaks, and team gatherings
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Includes: Price & PSF · Cap rate · Location · Zoning

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